Signaturefd LLC Invests $111,000 in White Mountains Insurance Group (WTM) Stock

Signaturefd LLC purchased a new position in shares of White Mountains Insurance Group (NYSE:WTM) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 135 shares of the insurance provider’s stock, valued at approximately $111,000.

A number of other institutional investors have also bought and sold shares of WTM. Captrust Financial Advisors bought a new position in White Mountains Insurance Group during the fourth quarter worth about $125,000. First Mercantile Trust Co. lifted its position in White Mountains Insurance Group by 27.3% during the first quarter. First Mercantile Trust Co. now owns 396 shares of the insurance provider’s stock worth $326,000 after acquiring an additional 85 shares during the last quarter. Xact Kapitalforvaltning AB acquired a new stake in White Mountains Insurance Group during the fourth quarter worth approximately $335,000. Virtu Financial LLC lifted its position in White Mountains Insurance Group by 24.2% during the fourth quarter. Virtu Financial LLC now owns 395 shares of the insurance provider’s stock worth $336,000 after acquiring an additional 77 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in White Mountains Insurance Group by 29.8% during the fourth quarter. SG Americas Securities LLC now owns 610 shares of the insurance provider’s stock worth $519,000 after acquiring an additional 140 shares during the last quarter. Institutional investors and hedge funds own 85.15% of the company’s stock.

Shares of WTM stock opened at $890.78 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.54 and a quick ratio of 4.54. The company has a market cap of $3.30 billion, a price-to-earnings ratio of -102.85 and a beta of 0.45. White Mountains Insurance Group has a 12-month low of $786.23 and a 12-month high of $903.26.

Separately, Zacks Investment Research upgraded shares of White Mountains Insurance Group from a “strong sell” rating to a “strong-buy” rating and set a $994.00 price objective for the company in a research report on Thursday, April 26th.

In other White Mountains Insurance Group news, EVP Robert Lawrence Seelig sold 2,946 shares of the firm’s stock in a transaction that occurred on Monday, May 7th. The shares were sold at an average price of $875.00, for a total transaction of $2,577,750.00. Following the completion of the sale, the executive vice president now directly owns 17,446 shares in the company, valued at $15,265,250. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Morgan W. Davis sold 1,100 shares of the firm’s stock in a transaction that occurred on Tuesday, May 15th. The stock was sold at an average price of $890.49, for a total transaction of $979,539.00. Following the sale, the director now owns 18,239 shares of the company’s stock, valued at $16,241,647.11. The disclosure for this sale can be found here. Company insiders own 4.00% of the company’s stock.

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and reinsurance services in the United States. The company operates through HG Global/BAM, MediaAlpha, and Other segments. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, core governmental functions, and existing transportation facilities.

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Institutional Ownership by Quarter for White Mountains Insurance Group (NYSE:WTM)

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